Calix director granted 4,967 RSUs, reports gifts
Calix, Inc. director Kevin Robert Peters reported a grant of 4,967 restricted stock units (RSUs) of common stock on May 14, 2026.
Rhea-AI Filing Summary
Calix, Inc. director Kevin Robert Peters reported a grant of 4,967 restricted stock units (RSUs) of common stock on May 14, 2026. The RSUs were awarded under the non-employee director equity compensation policy and will vest in full one day before the company’s next annual stockholder meeting.
After this grant, Peters beneficially owns 9,656 shares of Calix common stock, including 4,967 unvested RSUs. The filing also reflects earlier bona fide gifts totaling 252,056 shares on February 1, 2022, including shares held by an irrevocable trust for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
252,056 shares gifted
Gift
3 txns
Insider
Peters Kevin Robert
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,967 | $0.00 | $0.00 |
| Gift | Common Stock | 126,028 | $0.00 | $0.00 |
| Gift | Common Stock | 126,028 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 126,028 shares (Indirect, By trust);
Common Stock — 9,656 shares (Direct)
Footnotes (3)
- F1. Represents securities held by an irrevocable trust of which the reporting person's spouse is the trustee. The reporting person disclaims beneficial ownership of such securities.
- F2. Represents a grant of restricted stock units ("RSUs") awarded pursuant to the issuer's non-employee director equity compensation policy, that will vest in full one day prior to the issuer's next annual stockholder meeting. Each RSU represents a contingent right to receive one share of the issuer's common stock.
- F3. Amount of securities beneficially owned includes 4,967 unvested RSUs.
Key Figures
RSU grant: 4,967 RSUs
Shares after transaction: 9,656 shares
Total gifted shares: 252,056 shares
+3 more
6 metrics
RSU grant
4,967 RSUs
Non-employee director equity award on May 14, 2026
Shares after transaction
9,656 shares
Beneficial ownership after May 14, 2026 RSU grant
Total gifted shares
252,056 shares
Bona fide gifts reported on February 1, 2022
Gift per entry
126,028 shares
Each of two bona fide gift transactions on February 1, 2022
Gifted by trust
126,028 shares
Shares held by irrevocable trust; beneficial ownership disclaimed
Unvested RSUs included
4,967 RSUs
Unvested RSUs counted in beneficial ownership total
Key Terms
restricted stock units ("RSUs"), non-employee director equity compensation policy, bona fide gift, irrevocable trust, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents a grant of restricted stock units ("RSUs") awarded pursuant to the issuer's non-employee director equity compensation policy"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
non-employee director equity compensation policy financial
"RSUs awarded pursuant to the issuer's non-employee director equity compensation policy, that will vest in full one day prior to the issuer's next annual stockholder meeting"
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
irrevocable trust financial
"Represents securities held by an irrevocable trust of which the reporting person's spouse is the trustee"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
disclaims beneficial ownership financial
"The reporting person disclaims beneficial ownership of such securities."
FAQ
What insider transactions did Kevin Robert Peters report at CALX?
Kevin Robert Peters reported receiving 4,967 RSUs of Calix common stock and previously making bona fide gifts totaling 252,056 shares. The RSUs are a director compensation award, while the gifts were non-market transfers, including from an irrevocable trust.
What are the terms of the 4,967 RSU grant reported by Kevin Robert Peters at CALX?
The 4,967 restricted stock units represent a stock award for a Calix non-employee director. They will vest in full one day prior to Calix’s next annual stockholder meeting, with each RSU converting into one share of common stock upon vesting and settlement.
Were any of Kevin Robert Peters’ Calix (CALX) transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows a compensatory RSU grant and bona fide gifts of 252,056 shares. These are non-market transactions and do not reflect discretionary buying or selling of Calix stock in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
